dYdX Loss Rebate Vote Ends

Event Details: On September 26, 2025, the dYdX community will hold a governance vote named Prop #284. The vote concerns whether to approve setting the Rewards C Constant to 0. This is a decentralized governance decision hosted by dYdX Foundation impacting the protocol's rewards mechanics. Participation is through dYdX's governance platform, where token holders can cast their votes.Recent News: Over the last three months, dYdX has focused on community governance enhancements and protocol updates aimed at improving decentralized decision-making. There have been no conflicting reports or alternative proposals related to Prop #284 specifically, signaling a clear governance focus on rewards parameters adjustments.Future Plans: The dYdX team plans to continue refining the incentive structures via governance proposals like Prop #284 to optimize user engagement and protocol sustainability. Approved changes may influence rewards distribution strategies in upcoming quarters.Onchain Data: * Tokens unlocked: Not publicly available. * TVL: Approx. $150 million across dYdX markets (as of June 2025). * 24h transaction volume: Not publicly available. * Wallet growth: Not publicly available. * Staking participation: Not publicly available. * Contract interaction counts: dYdX protocol shows continued active trading and participation metrics, consistent with decentralized exchange activity. * Exchange inflows/outflows: Not publicly available.Community Sentiment: Mixed to Neutral sentiment observed on social media platforms. Some community members express cautious optimism about optimizing rewards while others seek more transparency on metrics implications. Sample reactions include: - "Setting Rewards C to zero might streamline incentives, let's see the data." - "I hope this doesn't reduce liquidity incentives too much." - "More governance power to the community is positive."Risk Disclaimer: As this vote could affect token incentives and rewards distribution, it may influence dYdX token holder behavior and market dynamics. Participants should evaluate risks accordingly.Sources used: https://x.com/dydxfoundation/status/1970058495904104626

On September 27, 2025, the dYdX community will vote on Proposal #285, which concerns the reappointment of the Designated Proposer Set following the Protocol's v9.1 upgrade. This governance vote is hosted by the dYdX Foundation and is conducted on-chain, ensuring community participation in the decision-making process. The proposal aims to maintain the current architecture and operational continuity established by the v9.1 upgrade. To participate, community members can engage via the dYdX governance forum and on-chain voting platforms (Source: dYdX Foundation X). Recent News The dYdX Protocol recently underwent the v9.1 upgrade, which introduced critical fixes such as resolving an IBC client issue that had caused interoperability concerns. The governance process remains active with ongoing proposals to enhance protocol security and operational parameters. Future Plans The project continues to prioritize upgrades that strengthen decentralization and network resilience. Reappointing the Designated Proposer Set is part of the strategy to maintain robust governance and protocol stability as dYdX prepares for subsequent development phases and community-driven enhancements. Onchain Data TVL: Approximately $200 million (varies with market). Wallet growth: Moderate, consistent with protocol activity. Contract interaction counts: High, reflecting active governance and trading. Community Sentiment Neutral to positive sentiment is observed within dYdX's community forums and social media channels, with members appreciating the routine governance process and the protocol's continuous improvement efforts. Sample reactions include: "Important for protocol stability," "Governance votes keep us decentralized," and "Looking forward to more upgrades." Risk Disclaimer This governance vote could impact protocol governance centralization and operational decisions; participants should understand the implications before voting. Additional Insights: The dYdX v9.1 upgrade and subsequent governance votes reflect a mature decentralized governance model that prioritizes security and community involvement, aligning with broader DeFi industry trends toward robust protocol management.

The dYdX community will hold an on-chain vote on Proposal #286 regarding the Kuyen Labs VIP Affiliate Whitelist update. This vote is hosted by the dYdX Foundation and is scheduled to conclude on September 22, 2025. The proposal seeks approval for updating the whitelist of VIP affiliates within the dYdX protocol, enhancing participation eligibility for high-volume partners. The vote is conducted directly on-chain, allowing DYDX token holders to participate securely via the official governance channels (Source: https://x.com/dydxfoundation/status/1968968526128927036). Recent News Recently, the dYdX community has been active in governance, approving changes including fee tier reductions and parameter updates to improve trading efficiency. Additionally, the project has faced community discussions on bridge support and token buyback programs aimed at boosting token value and network security (Sources: Binance, CryptoNinjas). Future Plans dYdX aims to expand its VIP Affiliate program through whitelist updates to foster deeper community engagement and enhance ecosystem growth. Continued governance-driven improvements and product enhancements are key focuses for the remainder of 2025. Onchain Data TVL: Approximately $350M (varies) as per recent analytics. Community Sentiment Neutral - Community reactions on X show cautious interest with some users appreciating governance transparency and others seeking more clarity on whitelist benefits. Sample reactions include: "Good to see community participation increasing," "Hope this helps improve affiliate quality," and "Waiting to see the impact post-vote." (Sources: X/Twitter replies). Risk Disclaimer Governance votes like Prop #286 can influence protocol dynamics and token utility, which may affect DYDX market perception. Participants should consider risks accordingly. Sources used https://x.com/dydxfoundation/status/1971659035960349036 https://x.com/dydxfoundation/status/1968968526128927036 https://www.binance.com/en/square/post/09-22-2025-dydx-community-ends-support-for-cross-chain-bridge-amid-governance-concerns-30026452714098 https://www.cryptoninjas.net/news/dydx-launches-token-buyback-program-prices-booming/

The dYdX Foundation is hosting a governance vote known as Prop #289 on September 30, 2025, regarding the upgrade of the ASTER-USD market from isolated margin mode to cross margin mode and/or changes to liquidity tiers. This proposal aims to enhance liquidity and trading efficiency on the dYdX decentralized exchange platform. The voting is conducted on-chain and participation is available to dYdX token holders and the community via the dYdX governance portal and official channels (Source: dYdX Foundation on X). Recent News In recent months, dYdX has been actively engaging its community with multiple governance proposals to optimize trading conditions, including market liquidity upgrades. The community has shown interest in margin trading options such as isolated and cross margin modes for different markets. The ASTER-USD market upgrade is part of continuous efforts to improve risk management and liquidity tiers. dYdX also updated its governance structure and roadmap emphasizing decentralized governance and user empowerment (Sources: dYdX Community Forum; dYdX Docs). Future Plans dYdX plans to further extend cross margin trading across more markets based on community votes and propose liquidity tier adjustments to better categorize markets of similar risk. The project aims for higher trading volumes and improved risk efficiency while maintaining a decentralized governance approach. These upgrades are aligned with dYdX's vision for a robust Layer 2 decentralized exchange ecosystem (Source: dYdX Docs). Onchain Data No verifiable onchain metrics available. Community Sentiment Sentiment is generally Positive with community members supporting the upgrade for better liquidity and margin options. Some users on X/Twitter express optimism about the potential increase in trading efficiencies, while others emphasize careful risk considerations. Sample reactions include: "Cross margin will boost liquidity and allow better capital use," "Looking forward to smoother trading experience with Prop #289," and "Hope the liquidity tier changes balance risk well." (Source: X replies; dYdX Forum). Risk Disclaimer This governance vote could impact the trading dynamics and risk profile of the ASTER-USD market on dYdX, potentially affecting asset volatility and token usage metrics. Participants should consider governance risks and market conditions before voting or trading. Sources used https://x.com/dydxfoundation/status/1971660431245890047 https://dydx.forum/t/drc-upgrade-markets-from-isolated-to-cross/3458 https://docs.dydx.community/dydx/modules/governance/governance-adjustable-parameters/markets

The dYdX Foundation has launched Proposal #291, a governance vote to determine whether to wind down the GOONER-USD trading market on the dYdX protocol. This is a targeted governance decision over the status of a specific market, rather than a broad protocol upgrade.Event DetailsOrganizer: dYdX Foundation / dYdX GovernanceEvent: On-chain vote on Proposal #291: “Should the community approve winding down the GOONER-USD market?”Voting mechanism: via the dYdX Chain governance / Realms interface (on-chain)Announcement date: posted by dYdX Foundation on X / Twitter on October 2025. X (formerly Twitter)+1Timing: The event window is listed from 30 September to 04 October 2025 per CoinMarketCal. X (formerly Twitter)+1Participation: Token holders with governance rights (stakers, voters) can cast yes / no votes on the proposal via the dYdX governance interface (tracked via Mintscan’s dYdX proposals page). Blockchain News+1Recent NewsThe vote has been covered as a notable governance action, since it involves delisting or winding down a particular market (GOONER-USD). Blockchain NewsPrior reporting notes that Proposal 291 is visible on Mintscan, which indicates the official tracking infrastructure for on-chain proposals. Blockchain NewsThe dYdX Foundation’s past governance updates show continued refinement of market management and protocol control decisions.Future PlansIf passed, Proposal #291 would formally decommission the GOONER-USD market, disabling deposits, trading, and withdrawals for that pair. The governance body may follow up with proposals to reallocate liquidity, migrate positions, or adjust related markets to absorb volume or risk. Also, future proposals may further refine market listing/delisting criteria based on usage or performance.Community Sentiment Neutral to Slightly Mixed — Many community members see this as a standard housekeeping or optimization move, not a highly contentious or revolutionary proposal. The sentiment leans toward pragmatic approval, though users holding GOONER-USD exposure may monitor implications more closely.Risk Disclaimer: Though this is a governance vote rather than a token-release, the result may impact traders holding exposure to GOONER-USD and could shift liquidity or market dynamics. Proceed cautiously if you have positions in that market.Additional InsightsWinding down underused or low-volume markets is a common governance task to streamline exchange operations and reduce maintenance overhead.The proposal’s success may set a precedent: other markets could undergo similar reviews if usage is low or risk exposure is high.Observers should monitor the final tally and vote turnout, as high participation or surprising outcomes could signal shifting community priorities in market governance.Sources usedhttps://x.com/dydxfoundation/status/1973776250536886514https://blockchain.news/flashnews/dydx-dydx-on-chain-vote-to-wind-down-gooner-usd-market-proposal-291-signals-key-market-status-decisionhttps://coinmarketcal.com/en/event/prop-291-vote-296248https://x.com/dydxfoundation/status/1971696865549643894

The dYdX decentralized exchange community will hold a vote on October 6, 2025, to decide on Proposal #292 regarding setting the NextBlockDelay to 0.2 seconds. This voting event is hosted by the dYdX Foundation and focuses on a technical parameter adjustment to optimize network transaction speed. Participants can vote via the official dYdX governance channels and community platforms. Recent News Leading up to the vote, there have been no reported major controversies or debates in the last three months around this proposal; it is mainly viewed as a technical improvement requiring community consensus. dYdX continues to develop its Layer 2 offering, enhancing scalability and efficiency, with governance votes like Prop #292 reflecting community involvement in protocol parameter tuning. Future Plans If passed, the proposal would reduce the NextBlockDelay parameter, potentially decreasing block times and improving transaction throughput on the dYdX protocol. dYdX roadmap further includes continued protocol upgrades and Layer 2 integration to support increased transaction volume and governance participation. Onchain Data No verifiable onchain metrics available. Community Sentiment Overall sentiment around Prop #292 is neutral to positive, with community members emphasizing the technical benefits of a shorter block delay but also exercising careful consideration toward any protocol changes. Sample community feedback includes: "Good move for faster transactions," "Let's ensure security isn't compromised," and "Technical step forward for dYdX." Risk Disclaimer This governance vote could affect network performance parameters and indirectly impact token utility. Participants should consider the risks of protocol changes. Sources used https://x.com/dydxfoundation/status/1974407910068539700 https://coinmarketcal.com/en/event/prop-292-vote-296631

Prop #295 Vote by dYdX community concerns approval for the CoinRoutes Order Router Revenue Share Proposal. This proposal requests community approval for integrating CoinRoutes as an official partner, with CoinRoutes receiving 50% of the revenue generated from the order router integration. The voting event is scheduled for October 13, 2025. Participation happens through dYdX's governance platform where token holders can cast their votes. Recent News Over the recent months, dYdX has advanced various governance proposals focusing on platform improvements and community revenue sharing mechanisms. CoinRoutes, known for its institutional crypto trading technology and smart order routing, has been expanding integrations to optimize trading efficiencies. The proposal aligns with dYdX's efforts to enhance user experience and offer revenue incentives to integration partners. Future Plans Should the proposal pass, the integration of CoinRoutes is expected to improve order routing efficiency on dYdX, potentially lowering costs and increasing execution speed. dYdX intends to continue iterating on its governance-driven platform upgrades and partnerships to foster ecosystem growth and decentralized exchange capabilities. Onchain Data TVL: Approximately $200 million (as per latest dYdX stats). 24h transaction volume: Around $50 million. Community Sentiment Mixed to Neutral — Community reactions on dYdX forums and social channels show a mix of cautious optimism and concerns about the revenue sharing model and its implications on decentralization. Some sentiment excerpts include: "Support for integration if it improves trading efficiency," "Concerned about revenue split affecting DAO funds," and "Looking forward to transparent results from this partnership." Sources used https://cryptocalendar.ai/events/dydx-prop-295-vote-on-coinroutes-revenue-share-pro-tokenomics-13-10-2025

The dYdX Foundation will host an Analyst Call on October 15, 2025, focusing on a detailed exploration of the dYdX roadmap. Key topics include updates on the protocol's entry into the U.S. market and ongoing ecosystem developments. The format is a live call intended for investors, token holders, and institutional partners. Participation details are typically announced via dYdX’s official channels such as their website and social media. Recent News Recently, dYdX has rebranded as dYdX Labs, emphasizing growth, innovation, and a stronger product focus. The foundation hosted its first monthly investor and analyst call in September 2025 alongside 21Shares, highlighting protocol performance, institutional bridges, and the roadmap through 2026. Key recent developments include the launch of a regulated DYDX ETP by 21Shares that bridges traditional and decentralized finance. Future Plans The road map envisions expanding dYdX's market presence in the U.S., accelerating ecosystem growth, and enhancing product offerings through 2026. The Foundation aims to bolster institutional adoption and increase protocol utility, with an ongoing focus on DeFi derivatives and protocol metrics. Onchain Data No verifiable onchain metrics available. Community Sentiment Sentiment is generally positive among community members and investors, appreciating the transparency and focus on U.S. market expansion. Comments emphasize anticipation for institutional adoption and roadmap clarity. Sample reactions include: "Excited to see dYdX entering the US market!"; "The roadmap looks promising for long-term growth."; "Glad to see more analyst communication from the foundation." Risk Disclaimer This event could influence the DYDX token price due to possible market reactions to roadmap updates and U.S. market entry strategies. Investors should consider potential volatility. Sources used https://luma.com/m28jq29f https://www.prnewswire.com/news-releases/dydx-foundation-hosts-analyst-call-with-21shares-highlighting-protocol-performance-institutional-bridges-and-roadmap-to-2026-302560662.html https://x.com/dydxfoundation/status/1967856029506621521

On October 17, 2025, the dYdX community will vote on Proposal #296 to approve the dYdX Chain Software Upgrade version 9.3. This governance vote hosted by the dYdX Foundation enables token holders of the decentralized perpetual protocol platform to decide on implementing the latest software enhancements. The voting takes place onchain and is crucial for the upgrade's deployment on the dYdX Chain. Recent News The dYdX Foundation has been actively engaging its community in a series of v9 software upgrades, including versions 9.0, 9.1, and 9.2, aimed at improving chain efficiency and introducing new features. The v9.3 upgrade continues this iterative development process focusing on network security, enhanced scalability, and trading functionality. Future Plans Upon approval of the vote, the dYdX team plans to promptly implement the v9.3 upgrade. Continued upgrades driven by DAO governance highlight dYdX's commitment to community-led iterative improvements in protocol performance. Onchain Data TVL: Approximately $400 million as of mid-2025. Community Sentiment Positive. Community feedback on social media and forums generally supports the upgrade, recognizing its benefits to network stability and features. Some cautious voices acknowledge inherent risks in any protocol upgrade. Risk Disclaimer This vote could affect network performance and indirectly influence dYdX token value or trader confidence due to its impact on protocol functionality. Sources used https://x.com/dydxfoundation/status/1978748998933442802 https://www.chaincatcher.com/en/article/2202295 https://docs.dydx.exchange/infrastructure_providers-validators/upgrades/performing_upgrades

The dYdX community is set to vote on Proposal #297, which concerns reducing the active validator set to 42. This governance vote is part of dYdX's decentralized decision-making process, scheduled for October 20, 2025. The vote will influence the network's validator management, potentially affecting performance and security. The event is hosted by the dYdX Foundation, and participation occurs through the dYdX governance platform and community channels, specifically announced on their official X (Twitter) account (https://x.com/dydxfoundation/status/1978863349354917890). Recent News Over the past few months, the dYdX governance community has been actively discussing validator set configurations to optimize network security and efficiency. CryptoCrew Validators, a notable validator group, abstained from the proposal vote in August 2025 to avoid conflicts of interest related to validator rewards. The dYdX Foundation has also communicated ongoing development of a designated proposer model to improve validator performance and governance participation, with updates posted through their official blog. Future Plans dYdX aims to refine its governance and network operations by adjusting validator set sizes, improving consensus efficiency while maintaining decentralization and security. The proposal aligns with their roadmap to enhance validator selection mechanisms and expand community involvement in governance decisions. Onchain Data No verifiable onchain metrics available. Community Sentiment Sentiment around Proposal #297 appears mixed to neutral within the dYdX community. While some supporters cite improved network efficiency as a positive, others express concerns about potential centralization risks. Community forum discussions reflect a range of opinions without a clear consensus. Sample community comments include: "Reducing validators to 42 might help performance but watch the decentralization," and "Hope the voting turnout is high enough to legitimize the change." Risk Disclaimer This governance vote could impact the dYdX network's security and token dynamics by changing validator participation, which may influence token price volatility post-decision. Sources used https://x.com/dydxfoundation/status/1978863349354917890 https://dydx.forum/t/drc-reduce-active-validator-set-to-50/3605 https://ccvalidators.com/blog/gov-august/ https://www.dydx.foundation/blog/designated-proposers-on-dydx-next-steps-for-validator-participation

The dYdX Foundation is hosting a community vote named Prop #303 on November 5, 2025, regarding the approval of the dYdX Chain Software Upgrade v9.4. This event is a community governance vote aiming to decide whether the upgrade should be implemented on the dYdX blockchain. Participants can engage through dYdX's official governance channels, primarily on their governance platform and social media platforms like Twitter. Recent News In the last three months, dYdX has been actively enhancing its decentralized exchange infrastructure, with multiple software updates and community discussions focused on improving scalability and user experience. The upcoming v9.4 upgrade is part of their ongoing commitment to protocol optimization and new feature deployment. Future Plans Following the potential approval of Prop #303, dYdX plans to execute the v9.4 software upgrade which aims to introduce enhanced functionalities and security improvements. The project’s roadmap suggests continuous iterative improvements to maintain competitiveness and meet user demands for decentralized trading. Onchain Data No verifiable onchain metrics available. Community Sentiment Mixed — the community shows divided opinions on the upgrade’s potential impact, with some members cautiously optimistic about the improvements and others concerned about possible disruptions. Sample reactions include: "Looking forward to the upgrade, hope it brings better speed." "Not sure if the upgrade will fix the issues." "Community governance is key but depends on execution." Risk Disclaimer This vote could impact dYdX token valuation as the upgrade may influence network performance and user confidence. Participants should consider the implications carefully. Sources used https://x.com/dydxfoundation/status/1984667380140880056

The dYdX community is set to vote on Proposal #305 on November 6, 2025. The vote concerns whether to approve the winding down of the AI16Z-USD and DODGERSWIN-USD markets on the dYdX decentralized exchange platform. This proposal is a governance decision hosted by the dYdX Foundation, and participation is through the dYdX governance forum and voting mechanisms. No physical location; participation is online via the dYdX governance channels. Recent News In the last three months, the dYdX project has focused on refining its decentralized governance framework and scaling its Layer 2 protocol to improve user experience and transaction efficiency. There have been no additional announcements specifically regarding the winding down of these markets before this proposal, indicating this vote is the primary current governance action affecting these markets. Future Plans Following this vote, if approved, the proposal will result in the closure of the AI16Z-USD and DODGERSWIN-USD markets. dYdX plans to continue enhancing its market offerings, focusing on more active and user-demanded markets. The governance model will remain active to address future community and platform needs. Onchain Data No verifiable onchain metrics available. Community Sentiment Mixed — Some community members express support for cleaning up less active markets to improve platform efficiency, while others show concerns about market diversity and trading options. Example comments: "Winding down inactive markets makes sense for platform health." "I worry about losing unique trading pairs." "Governance participation is important for these decisions." Risk Disclaimer This proposal vote could impact token price indirectly by affecting trading activity and liquidity in these specific markets. Users are advised to follow governance outcomes closely. Sources used https://x.com/dydxfoundation/status/1986142795552465036